409 Nebraska AveStevensonAL35772
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Stevenson at 409 Nebraska Ave, Stevenson, AL, 35772 offers a 6.48% rental yield on a $265,000 purchase with $1,432/mo rent. 04% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 97.5% and total cumulative return in cash at $85,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,432/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35772, Stevenson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,157 (100%) |
| Owner Occupied HU | 1,376 (63.8%) |
| Renter Occupied HU | 539 (25.0%) |
| Vacant Housing Units | 242 (11.2%) |
| Median Home Value | $137,637 |
| Average Home Value | $157,235 |
Housing Distribution
Address Breakdown
Residential
1,928
Single Family
1,906
Multi-Family
22
Businesses
134
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